The stock crashed 20 per cent for straight two sessions after the company posted a massive 81 per cent year-on-year (YoY) fall in consolidated net profit to Rs 100.4 crore in the June 2022 quarter. It had registered a net profit of Rs 539.2 crore in the corresponding period last fiscal.
2 top stock recommendations from Rajesh Bhosale
Rajesh Bhosale from Angel One suggests a positive bias in the market, recommending a ‘buy on dip’ strategy. While cautiousness prevails due to Trump’s trade